Plastic2Oil Inc (PTOI)

[Johnik]

That seems far-fetched to claim millions in "lost opportunity." I agree that the misrepresentation count against John Bordynuik (not a claim against JBI) is rather vague, thus making it difficult to quantify the amount of alleged damages Kaplanis is claiming in that count. However, I don't see how Bordynuik's alleged inducement of Kaplanis into entering into employment with JBI would entitle Kaplanis to more than he otherwise would have been entitled to under the terms of the employment agreement. Indeed, this somewhat specious misrepresentation claim appears to be an attempt to circumvent basic contract principles in an effort to hold Bordynuik personally liable (or at least to raise the spectre of such liability to obtain a favorable settlement). My guess is that we will see the merits of this count challenged at the early stages of this litigation.